Asset

CVRx Reports Second Quarter 2021 Financial and Operating Results

Wednesday, August 4, 2021 - 9:05pm

HF revenue units in the U.S. totaled 67 and 2 for the three months ended June 30, 2021 and 2020, respectively.

Key Points: 
  • HF revenue units in the U.S. totaled 67 and 2 for the three months ended June 30, 2021 and 2020, respectively.
  • As of June 30, 2021, the Company had a total of 31 active implanting centers, as compared to 19 as of March 31, 2021.
  • As of June 30, 2021, cash and cash equivalents were $47.1 million compared to $54.0 million as of March 31, 2021.
  • Net cash used in operating and investing activities were $6.8 million for the three months ended June 30, 2021.

The CanCoin Announces Scott de Mercado, Co-Founder of Cannabis Delivery Sciences to its Advisory Board

Wednesday, August 4, 2021 - 3:45pm

STOCKHOLM, Aug. 04, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire) The CanCoin , a cannabis token designed to solve market friction and monetization in the European cannabis market, today announced Scott Mercado, co-founder of Cannabis Delivery Services, a subsidiary of Klaria Pharma Holding AB, to its advisory board.

Key Points: 
  • STOCKHOLM, Aug. 04, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire) The CanCoin , a cannabis token designed to solve market friction and monetization in the European cannabis market, today announced Scott Mercado, co-founder of Cannabis Delivery Services, a subsidiary of Klaria Pharma Holding AB, to its advisory board.
  • His entrepreneurial focus includes tech, media and pharma, providing a perfect combination of value add to The CanCoins project.
  • The CanCoin is a cannabis token designed to address friction and monetization within the growing legal European cannabis market.
  • The CanCoin streamlines payments and processing, inventory management, patient monitoring, medical cannabis cards and tracking from seed to shelf.

Wikileaf Announces Sale of Digital Assets to Hifyre™ and Fire & Flower

Wednesday, August 4, 2021 - 1:47pm

We are pleased to announce this transaction with Hifyre and Fire & Flower, one of the cannabis industrys most rapidly growing retail technology platforms, stated Connor Cruise, Wikileaf Chair and Interim CEO.

Key Points: 
  • We are pleased to announce this transaction with Hifyre and Fire & Flower, one of the cannabis industrys most rapidly growing retail technology platforms, stated Connor Cruise, Wikileaf Chair and Interim CEO.
  • The combination of Wikileafs digital assets and Hifyres proprietary cannabis digital retail and analytics platform offers the strongest opportunity to realize the value of Wikileafs operations to drive continued growth for our online platform.
  • Wikileaf has pursued internally generated as well as the evaluation of merger and acquisition opportunities to monetize the value of the Assets.
  • Wikileaf has actively pursued potential merger and acquisition opportunities to monetize the value of the Assets and determined that the sale of the Assets to Fire & Flower represents the best opportunity to maximize the value of the Assets.

NFI Announces Second Quarter 2021 Results

Wednesday, August 4, 2021 - 12:00pm

WINNIPEG, Manitoba, Aug. 04, 2021 (GLOBE NEWSWIRE) -- (TSX:NFI, OTC: NFYEF) NFI Group Inc. ("NFI" or the "Company"), a leader in zero-emission electric mobility solutions, today announced its unaudited interim condensed consolidated financial results for 2021 Q2.

Key Points: 
  • Costs primarily relate to severance costs and asset impairments associated with the NFI Forward restructuring initiative.
  • For 2021, the Company has utilized a rate of 54.5% to tax effect the adjustments.
  • COVID-19 costs in 2021 primarily relate to the purchase of personal protective equipment and plant sanitation activities.
  • The 2020 Q2 balance results from the reversal of previously enacted UK tax rate decline.

US Mutual Funds Industry Report 2021: $21.3 Trillion in Total Net Assets - Market Forecasts to 2026 - ResearchAndMarkets.com

Wednesday, August 4, 2021 - 1:59pm

The "US Mutual Funds Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "US Mutual Funds Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
  • With a whopping USD 21.3 trillion in total Net assets, The United States mutual fund industry remained the largest in the world in 2019.
  • The majority of US mutual fund net assets at year-end 2020 were in long-term mutual funds, with equity funds alone making up 55.3 % of US mutual fund net assets.
  • With a few players holding a significant share, the US Mutual Funds Market has an observable level of consolidation.

CipherTrace Announces Enhanced Monero Tracing Capabilities for Government Agencies and Financial Institutions

Wednesday, August 4, 2021 - 5:00pm

MENLO PARK, Calif., Aug. 4, 2021 /PRNewswire-PRWeb/ --The world's leading cryptocurrency compliance company, CipherTrace , has released enhanced Monero tracing visualization tools for qualified government agencies and financial institutions.

Key Points: 
  • MENLO PARK, Calif., Aug. 4, 2021 /PRNewswire-PRWeb/ --The world's leading cryptocurrency compliance company, CipherTrace , has released enhanced Monero tracing visualization tools for qualified government agencies and financial institutions.
  • Based on research partially funded by the Department of Homeland Security Science & Technology Directorate, CipherTrace leads the cryptocurrency intelligence field with the launch of Monero tracing capabilities.
  • CipherTrace takes Monero tracing capabilities to the next level with the ability to follow the flow of funds backwards from the transaction of interest to its source.
  • "We are very pleased to be able to support our financial institution and government agency clients with source Monero tracing and better reporting," said Dave Jevans, CipherTrace CEO.

CoinShares Joins Pyth Network to Improve Transparency and Availability of Cryptocurrency Data

Wednesday, August 4, 2021 - 1:00pm

CoinShares participated in the Solana token sale in Q2 2021 and is evaluating opportunities to migrate core trading and capital markets infrastructure onto the Solana network.

Key Points: 
  • CoinShares participated in the Solana token sale in Q2 2021 and is evaluating opportunities to migrate core trading and capital markets infrastructure onto the Solana network.
  • By participating in this network, CoinShares is able to contribute its market data directly to the Pyth network where consumers of data can stream it directly from the blockchain, in real time and with a high degree of confidence rather than depending on intermediaries.
  • For more information on CoinShares, visit: https://coinshares.com
    The Pyth network is a specialized oracle solution for latency-sensitive financial data that is typically kept behind the "walled gardens'' of centralized institutions.
  • The Pyth Network is focused on finding a new and inexpensive way to bring this unique data on-chain and aggregating it securely.

CoinShares Joins Pyth Network to Improve Transparency and Availability of Cryptocurrency Data

Wednesday, August 4, 2021 - 1:00pm

SAINT HELIER, Jersey, Aug. 4, 2021 /PRNewswire/ -- CoinShares International Limited (Nasdaq First North Growth Market: CS) ("CoinShares" or "the Company"), Europe's largest digital asset investment platform today announced that it will be contributing real-time crypto pricing data to the Pyth network, a decentralized financial market data distribution platform for aggregated data.

Key Points: 
  • CoinShares participated in the Solana token sale in Q2 2021 and is evaluating opportunities to migrate core trading and capital markets infrastructure onto the Solana network.
  • By participating in this network, CoinShares is able to contribute its market data directly to the Pyth network where consumers of data can stream it directly from the blockchain, in real time and with a high degree of confidence rather than depending on intermediaries.
  • For more information on CoinShares, visit: https://coinshares.com
    The Pyth network is a specialized oracle solution for latency-sensitive financial data that is typically kept behind the "walled gardens'' of centralized institutions.
  • The Pyth Network is focused on finding a new and inexpensive way to bring this unique data on-chain and aggregating it securely.

Matterport Appoints Head of Product to Scale Global Platform

Tuesday, August 3, 2021 - 11:34pm

Prior to joining Matterport, she was Chief Product Officer at Slice, the food tech marketplace platform powering 16,000 independent pizzerias across 3,000 cities and over 5 million consumers.

Key Points: 
  • Prior to joining Matterport, she was Chief Product Officer at Slice, the food tech marketplace platform powering 16,000 independent pizzerias across 3,000 cities and over 5 million consumers.
  • During her tenure, Slice accelerated product launches to digitally transform local business to achieve cumulative sales of $1 billion in 2020.
  • Vaidyanathan was previously Chief Product Officer at Tapad, the global leader in digital identity resolution powering top brands to maximize their digital marketing investment.
  • Matterport is a registered trademark and the Matterport logo is a trademark of Matterport, Inc. All other marks are the property of their respective owners.

Sage Therapeutics Announces Second Quarter 2021 Financial Results and Highlights Pipeline and Business Progress

Tuesday, August 3, 2021 - 11:30am

Revenue: Net revenue from sales of ZULRESSO was $1.6 million in the second quarter of 2021 compared to $1.1 million in the same period of 2020.

Key Points: 
  • Revenue: Net revenue from sales of ZULRESSO was $1.6 million in the second quarter of 2021 compared to $1.1 million in the same period of 2020.
  • Restructuring Expenses: Sage had no restructuring expenses in the second quarter of 2021 compared to $28.4 million in the second quarter of 2020.
  • Sage anticipates cash, cash equivalents, and marketable securities of more than $1.7 billion at end of 2021.
  • Sage will host a conference call and webcast today, Tuesday, August 3, at 8:00 am ET to discuss its second quarter 2021 financial results and recent corporate updates.